Outstanding history of returns, Coupled with a heavily invested management team.

Unit Type

3 Mo.

YTD

1 Yr

3 Yrs.1

5 Yrs.1

Since Inception2

Class F (CAD)

3.19%

9.01%

15.43%

11.99%

14.21%

14.92%

Class A (CAD)

3.00%

8.42%

14.60%

N/A

N/A

12.41%

Class F (USD)

5.00%

5.94%

11.58%

N/A

N/A

14.67%

Class A (USD)

4.80%

5.36%

10.81%

N/A

N/A

13.93

Note: -Returns are based on change in unit value over the period and assumes all distributions reinvested in DRIP Program, calculated net of fees.

*Returns shown include the effect of US tax reform passed December 2017.

1. Annualized Returns, Net of Fees.

2. Formed Jan 24, 2012. first units sold were Class F units on (“Inception Date”) March 15, 2012. Inception Date of Class A units was September 1, 2016. Inception Date of USD Class F & USD Class A units was April 1, 2017.

Investment Overview

RISE Properties Trust is a publicly offered, private Canadian REIT invested in the US multifamily sector, initially focused in the Greater Seattle area. Through management’s existing business platform and fully integrated operations, the Trust is able to acquire under-performing rental apartment properties and improve their operations, cash flow, and value.

NET ASSET VALUE

As of September 30, 2018, the fund’s Total Net Asset Value is $192 Million.

Management's Investment

The RISE management team currently owns ~$23.5 million of RISE.

Current Valuation

RISE units are currently offered at $19.0573 CAD, and $14.7637 USD. A minimum investment of 100 units is required.

Dividend

Quarterly dividends were $0.220 per unit as at September 30, 2018 for class F units. Since inception, class F unit distributions have increased 120%.

Quarterly dividends for class A units were $0.1846 per unit as at September 30, 2018.

THIS INFORMATION DOES NOT REPRESENT AN OFFERING OF SECURITIES. THE INFORMATION DISCLOSED IN THIS SUMMARY IS INCOMPLETE AND IS QUALIFIED IN ITS ENTIRETY BY THE OFFERING MEMORANDUM FOR RISE PROPERTIES TRUST.

Conservative Approach TO REAL ESTATE INVESTMENT

DISTRIBUTIONS

The current annualized distribution yield is 4.62% for class F units and 3.87% for class A units, and is paid from operating cash flow.(5)

LEVERAGE

RISE is mandated to no greater than 2:1 leverage (67%) and is currently operating at 48.67%.

DEBT

Weighted average cost of debt is 3.98% at September 30, 2018.

FIXED VS. VARIABLE DEBT

RISE currently has 83.8% of it’s debt in fixed instruments at September 30, 2018.

VALUE CREATION

The current value of the portfolio is ±$410 million at September 30, 2018. Most recent appraisals and proforma values for projects under development reflect a ±$69.9 million increase in value (±16% from value-add activities).

Smart Investors Always Ask… So what’s the risk?

Long Term Investment:

RISE management subscribes to the “get rich slow” theory. Our active, hands-on approach to apartments is based on an enduring investment strategy, not a series of real estate deals.(3)

Currency:

RISE units are purchased in Canadian Dollars. The fund owns US real estate. Therefore unit values may be affected by foreign currency adjustments.(3)

liquidity:

While there is an opportunity to redeem units, you will find that RISE is not as liquid as publicy offered REITs. We recommend fully understanding the redemption mechanism within RISE prior to investing.(3)

(3) Full disclosure of investment risks are set out in the RISE Properties Trust Offering Memorandum, which should be reviewed prior to investment.

(4) Historic returns set out above reflect both the yield earned on investment properties, the increases in the value of the investment properties due to improvements made by management, as well as any profit generated from conversion during the period. The returns are net of all fund expenses and management fees (both fixed and carried interest).

Investment properties are measured at fair value with any change therein recognized in income. We have determined increases in the value of real estate holdings using the income approach or direct comparison approach described in our significant accounting policies located in our financial statements. As we have relied on estimates to determine the value of the properties, the rates of return shown may vary if different estimation methods are applied. Calculated returns are based on the assumption that all dividends received by unit holders are re-invested in further units of the trust and, that dividends and other distributions are earned in a tax free account. Returns will be lower to the extent either of these assumptions are untrue.

(5) Distributions will vary based on net operating profit on the underlying properties. Although Rise Properties Trust intends to make regular distributions to unit holders, management has the right to reduce or suspend these if the trust has insufficient cash or, management wishes to preserve cash for future development projects.